Multi Family 5+ in Dutchess County
| MLS Number | 876398 |
|---|---|
| Address | 40 S Hamilton Street, Poughkeepsie, NY 12601 show map |
| Price | $749,999 show mortgage calculator |
| Acres | 0.33999081726354 |
| Year Built | 1890 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $16,585 |
| Total Apt Units | 9 |
INVESTOR'S DREAM – Beautiful Poughkeepsie Building currently being utilized as a 9-Unit SRO providing unique opportunity for future enhancement. A rare opportunity to own a SRO in downtown Poughkeepsie, offering 9 units, including 9 bedrooms, 7 full bathrooms, and 2 half bathrooms. The property features a large shared kitchen, formal dining and living rooms, and a management office. Recent upgrades include a brand-new sprinkler system, updated electrical and plumbing, and coin-operated laundry generating $3,500 annually. With 2 parking lots offering space for up to 14 cars, there is additional income potential. Currently generating $97,000 annually in rental income, this property is steps from Metro North, shopping, and major transport hubs. Sold as-is, with the potential for value growth with a little TLC. Perfect for investors seeking a high-cash-flow asset in a prime location. Schedule your showing today!
Walk Metro-North RR
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